When Lincoln D. Chafee became governor in January 2011, the unemployment rate for Rhode Island residents was 11.4 percent. By November 2014, it had dropped to 7.1 percent.
In the same time frame, …
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BROOKLINE, Mass. – Brookline Bancorp Inc. posted profit of $44.9 million for 2014, an increase of 20.8 percent on the 2013 results. Total interest and noninterest income increased 7.5 percent to $236.6 million.
The bank attributed the increase to loan growth and improvements in its asset quality.
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Paolino Properties, led by developer Joseph R. Paolino Jr., has bought a 100-space parking lot downtown that the developer says could lead to development of a parking garage or “other commercial opportunities.”
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Goldman Sachs may need to work on its image.
This year, the firm beat recall-riddled General Motors along with Koch Industries and BP for the dubious distinction of worst corporate reputation, according to a new poll.
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Rhode Island’s largest county – Providence – reported a 2.2 percent wage gain in the 2014 second quarter, ranking it No. 123 among the 339 largest counties in the country, according to the federal Bureau of Labor Statistics.
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